Middleby Management
Management criteria checks 4/4
Middleby's CEO is Tim FitzGerald, appointed in Feb 2019, has a tenure of 6.92 years. total yearly compensation is $7.53M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.83% of the company’s shares, worth $64.94M. The average tenure of the management team and the board of directors is 4.9 years and 6.7 years respectively.
Key information
Tim FitzGerald
Chief executive officer
US$7.5m
Total compensation
| CEO salary percentage | 12.96% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.8% |
| Management average tenure | 4.9yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Is Now An Opportune Moment To Examine The Middleby Corporation (NASDAQ:MIDD)?
Jan 07
Revenues Not Telling The Story For The Middleby Corporation (NASDAQ:MIDD) After Shares Rise 26%
Dec 18The Middleby Corporation Remains Attractive Even After Shares Have Fallen
Nov 03Middleby (NASDAQ:MIDD) Seems To Use Debt Quite Sensibly
Sep 08Investors Met With Slowing Returns on Capital At Middleby (NASDAQ:MIDD)
Aug 11Investors Appear Satisfied With The Middleby Corporation's (NASDAQ:MIDD) Prospects
Jul 29Is It Too Late To Consider Buying The Middleby Corporation (NASDAQ:MIDD)?
Jul 16A Look At The Fair Value Of The Middleby Corporation (NASDAQ:MIDD)
Jun 17Does Middleby (NASDAQ:MIDD) Have A Healthy Balance Sheet?
Apr 28With The Middleby Corporation (NASDAQ:MIDD) It Looks Like You'll Get What You Pay For
Apr 12Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?
Mar 28The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 39% Below Their Intrinsic Value Estimate
Mar 13Middleby - Spinning Off Food Processing Is A Good Start, But There's More To Do
Mar 12Returns On Capital At Middleby (NASDAQ:MIDD) Have Hit The Brakes
Jan 20The Middleby Corporation: If You Can't Stand The Heat, Stay Out Of The Kitchen
Jan 08The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor
Nov 02
Innovations And Market Expansion Set To Propel Growth In The Food Industry
Middleby's expansion into new segments like beverage and ice, alongside technology innovations in automation and IoT, points to potential revenue growth and market share expansion.Middleby: Rating Upgrade To Neutral Given Recent Results And Macro Developments
Aug 16The Middleby Corporation: Rating Downgrade On Potential FY24 EBITDA Miss
Jun 14The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher
Apr 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2025 | n/a | n/a | -US$202m |
| Jun 28 2025 | n/a | n/a | US$425m |
| Mar 29 2025 | n/a | n/a | US$434m |
| Dec 28 2024 | US$8m | US$975k | US$428m |
| Sep 28 2024 | n/a | n/a | US$392m |
| Jun 29 2024 | n/a | n/a | US$387m |
| Mar 30 2024 | n/a | n/a | US$388m |
| Dec 30 2023 | US$8m | US$975k | US$401m |
| Sep 30 2023 | n/a | n/a | US$458m |
| Jul 01 2023 | n/a | n/a | US$454m |
| Apr 01 2023 | n/a | n/a | US$450m |
| Dec 31 2022 | US$9m | US$975k | US$437m |
| Oct 01 2022 | n/a | n/a | US$406m |
| Jul 02 2022 | n/a | n/a | US$478m |
| Apr 02 2022 | n/a | n/a | US$485m |
| Jan 01 2022 | US$9m | US$975k | US$488m |
| Oct 02 2021 | n/a | n/a | US$438m |
| Jul 03 2021 | n/a | n/a | US$322m |
| Apr 03 2021 | n/a | n/a | US$223m |
| Jan 02 2021 | US$5m | US$975k | US$207m |
| Sep 26 2020 | n/a | n/a | US$264m |
| Jun 27 2020 | n/a | n/a | US$286m |
| Mar 28 2020 | n/a | n/a | US$357m |
| Dec 28 2019 | US$7m | US$975k | US$352m |
Compensation vs Market: Tim's total compensation ($USD7.53M) is about average for companies of similar size in the US market ($USD8.10M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim FitzGerald (55 yo)
Mr. Timothy J. FitzGerald, also known as Tim, is Independent Non-Employee Director of Alliance Laundry Holdings Inc. from April 2021. Mr. FitzGerald has been Chief Executive Officer and Director since Febr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.9yrs | US$7.53m | 0.83% $ 64.9m | |
| Chief Financial Officer | 6.9yrs | US$2.57m | 0.071% $ 5.6m | |
| Chief Technology & Operations Officer | 4.9yrs | US$3.32m | 0.088% $ 6.9m | |
| Chief Commercial Officer | 4.9yrs | US$3.33m | 0.084% $ 6.6m | |
| Chief Development Officer | 2.7yrs | US$1.94m | 0.068% $ 5.3m | |
| Chief Accounting Officer | 2.7yrs | no data | 0.031% $ 2.4m | |
| General Counsel & Secretary | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Group President of business operations in Asia | 4.9yrs | no data | no data | |
| SVP of Investor Strategy & Corporate Development | less than a year | no data | no data | |
| President Food Processing Group | no data | US$583.49k | no data | |
| VP of Supply Chain & Group President of Houno A/S | 17yrs | no data | no data |
Experienced Management: MIDD's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.9yrs | US$7.53m | 0.83% $ 64.9m | |
| Independent Non-Executive Chairman of the Board | 20.7yrs | US$310.63k | 0.082% $ 6.4m | |
| Independent Director | 10.2yrs | US$307.50k | 0.017% $ 1.3m | |
| Independent Director | less than a year | no data | 6.71% $ 523.9m | |
| Independent Director | 12.2yrs | US$307.50k | 0.013% $ 1.0m | |
| Independent Director | 6.4yrs | US$282.50k | 0.047% $ 3.7m | |
| Independent Director | 2yrs | US$295.00k | 0.0062% $ 486.4k | |
| Independent Director | 8.7yrs | US$289.38k | 0.026% $ 2.0m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2yrs | US$287.50k | 0.0023% $ 176.5k |
Experienced Board: MIDD's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/14 13:39 |
| End of Day Share Price | 2026/01/14 00:00 |
| Earnings | 2025/09/27 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Middleby Corporation is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |
| Joel Tiss | BMO Capital Markets Equity Research |